Company Number: 14564144

Analysis Date: 2025-07-29 18:15 UTC

1. Risk Rating: HIGH
   Justification: The company is newly incorporated with minimal turnover (£3,451) and extremely limited net assets (£1). Its financial scale is micro, indicating a very small operational footprint. There is no indication of profitability beyond the nominal profit equal to turnover, and no audit has been conducted. This suggests very limited operational activity and financial substance, which raises concerns about its ability to meet obligations or sustain operations.

2. Key Concerns:

• Solvency and Capitalization: The net assets and shareholders’ funds stand at only £1, indicating virtually no capital buffer to absorb losses or fund growth.
• Revenue and Business Scale: Turnover of £3,451 for a full year is very low, raising questions about sustainable cash flows and business viability.
• Single Director and PSC: Ownership and control are concentrated entirely in one individual who is also the sole director, which may increase governance and operational risks.

3. Positive Indicators:

• Compliance with Filing Requirements: The company has submitted its accounts and confirmation statement on time, indicating adherence to regulatory obligations.
• Clear Ownership Structure: The 100% control by a PSC provides clarity on decision-making authority and responsibility.
• No Indications of Insolvency or Liquidation: The company status is active, not in liquidation or administration.

4. Due Diligence Notes:

• Investigate the nature of the company’s business activities given the SIC codes suggest diverse business support and employment agency operations alongside retail via internet, but revenue is minimal.
• Clarify the source of funds and financial support mechanisms given the minimal capital base and low turnover.
• Review any related party transactions or off-balance-sheet commitments not disclosed in the accounts.
• Assess the director’s experience in managing a business of this type and scale, considering the director’s primary occupation as a nurse.
• Confirm if there are any plans for capital injection or business development to improve financial sustainability.